Trident Ltd.
Snapshot View

20.65 +0.95 ▲4.8%

30 July 2021, 10:10:00 A.M.
Volume: 6,468,621

Overview View Details

Sector Textile Compare with Sector peers
Industry Textile - Spinning Compare with Industry peers
Website http://www.tridentindia.com
Financial Indicators
Market Cap 10,039.03 Cr.
Earnings per share (EPS) 0.60 Trailing Twelve Months Ending 2021-03
Price-Earning Ratio (PE) 32.98 Trailing Twelve Months Ending 2021-03
Industry PE 28.05 Trailing Twelve Months Ending 2021-03
Book Value / Share 6.53 Trailing Twelve Months Ending 2021-03
Price to Book Value 3.02 Calculated using Price: 19.70
Dividend Yield 1.83 Period Ending 2020-03
No. of Shares Subscribed 509.60 Cr. 5,095,955,670 Shares
FaceValue 1
Company Profile

Trident earlier known as Abhishek Industries Limited, the flagship company of the Trident Group was incorporated in April, 1990. It is one of the largest towel manufacturers of the world, one of the world's largest agro-based paper manufacturers and one of the largest yarn producers in India.

TridentGroup is a leading diversified business conglomerate of India. Incorporated in 1990, the company continues to grow under the dynamic leadership of the chairman Mr. Rajinder Gupta, a first generation entrepreneur. With a modest beginning of 17,280 spindles of yarns, the group today exports to over 75 countries and is continuously striving to uphold its position as one of the largest yarn producers in India.

The operations of the company are segregated into four main segments viz. Yarns, Terry Towels, Paper and Chemicals.

Trident caters to all segments of the market - Brands, Department Stores, Home Specialty Chains, Mass Merchants and Institutional Customers. Our clientele comprises stalwarts of retail world in US, Europe, Australia and New Zealand. We are also making significant inroads into the markets in Japan, Middle East and South Africa.

Yarns segment product offerings:

  • 100% cotton yarn (Grey/Dyed/Mercerized)
  • Single & TFO Doubled
  • Hosiery & Weaving (Combed & Carded)
  • Poly Cotton blended Yarn
  • 100% Poly Spun Yarn (Combed & Carded)
  • 100% Egyptian Cotton Yarn
  • 100% PIMA Cotton Yarn
  • Organic Cotton Yarn
  • 100% Water Soluble PVA Yarn
  • SLUB Yarn
  • Combed and Semi-Combed Knitting and Weaving Yarn with a Count range of 10-30
  • Polyester Spun Knitting and Weaving Yarn with a Count range of 30-40
  • Dyed and Mercerized Double and Processed Yarn
  • Water Soluble 100% PVA Yarns with a Count Range of NE 30 to NE 80

Terry Towels segment product offerings:

  • Piece-dyed dobbies
  • Yarn-dyed single and double jacquards
  • Uni-dyed jacquards
  • Yarn-dyed stripes
  • Weft inserts and checks
  • Terry and velour finish
  • Beach towels
  • Bath sheets, bath towels and bath mats
  • Hand towels
  • Guest towels
  • Face fringes
  • Kitchen towels
  • Printed towels
  • Embroidered towels

Paper segment product offerings:

  • Spectra Copier - Ultra-finish, high-speed Copier Paper in two varieties - 75 GSM with brightness 88% ISO and 80 GSM with brightness more than 90% ISO 
  • Goldline Surface Size Maplitho - 54 GSM to 90 GSM with brightness 90% + ISO
  • Silver Surface Size Maplitho - 54 GSM to 90 GSM with brightness 88% ISO.
  • Super White Maplitho (54 - 90 GSM with 88% ISO Brightness)
  • Ivory White Paper (54 - 90 GSM with 85% ISO Brightness)
  • Eco-Print Paper (54 - 90 GSM with 80% ISO Brightness)
  • Base Paper (80 - 90% ISO Brightness)
  • Bible Printing Paper (45 - 50 GSM with 90% ISO Brightness)
  • Watermark Offset Printing Paper (54 - 90 GSM with 80 - 90% ISO Brightness)

Chemicals segment product offerings:

With the changing industrial needs, the company has also ventured into specialized product markets.

Battery Grade Sulphuric acid is the premium quality product to cater to these markets. Commercial Grade is also manufactured keeping in view the larger market share.

Leading battery manufacturers and other high-end consumers comprise the clientele for these products.

Milestones & Awards:

  • 1990 – Incorporation of the company
  • 1992 – The company starts implementing its yarn spinning project in joint sector with Punjab State Industrial Development Corporation (PSIDC) to set-up 24,960 spindles unit
  • 1998 – The company and PSIDC decides to set-up another unit of 43,392 spindles
  • 1999 – Abhishek Spinfab Corporation merges with Abhishek Industries
  • 2001 – The company augments the terry towels capacity to 7,500 tpa from earlier 3,032 tpa
  • 2002 – Varinder Agro Chemicals mergers with the company
  • 2003 – The company joins hands with Apollo Health and Lifestyle Ltd to implement and operate 'The Apollo Clinic'
  • 2001 – The company receives 'International supplier of the year - 2001' award from Wal Mart, US
  • 2003 – Receives “Supplier of the Year – 2003” award from Wal Mart USA.
  • 2003 – Establishes wholly-owned subsidiary 'Abhishek Industries Inc' in USA
  • 2004 – Delists from the Delhi Stock Exchange
  • 2010 - (AIL) launched its new copier paper 'LOTUS' in the premium segment in New DelhiAbshek Inds - Wins '' 'Sustainability Award from IKEA''Rajiv Gandhi National Quality Award / TextileSustainability Award by IKEA / Trade Area South AsiaTexprocil Awards / Silver / Top performer in exports [madeups category]JC Penney Home Quailty Award / Best supplier of the year
  • 2011 - Change of the name of Company from Abhishek Industries Ltd to Trident Ltd.Company has been awarded the most prestigious 'JC Penny-Innovation Award 2010.'Company has been awarded the Bronze Award in Conglomerates Category at the 2011 Spotlight Awards hosted by ''League of American Communications Professionals.Abshek Inds - TEXPROCIL Award for Outstanding Export Performance 2010-2011Texprocil Award / Silver / Highest exports in Terry TowelsJC Penney Innovation Award
  • 2012 Abshek Inds - Entered into an Agreement with HT Media Limited (HT)Abshek Inds - Winner of 'Special Commendation'' for the Golden Peacock Environment Management Award - 2012Texprocil Award / Bronze / For Best Global Exporter(Overall)Texprocil Award / Silver / Top performer in exportsCITI-Birla Award / HR Management in Textile IndustryGolden Peacock Award / Environment Management
  • 2013
    • Trident on path of becoming one of the Largest Integrated Home Textile Manufacturing Facilities in the World
    • Trident Limited partners with Accenture for upgrading to SAP ECC 6
    2014
    • Trident Paper honoured with National Energy Conservation Award - 2014 (NECA) organized by BEE
    • The Company has approved the Scheme of Amalgamation and Arrangement between Landmark Limited, Fiora Link Road Properties Limited and Trexa ADMC Private Limited with Trent Limited
  • • Trident Ltd. - Inclusive Growth Award by Cisco ( India & SAARC)
    • Trident Group commissions open end yarn expansion project -Trident Ltd.
    • Trident inaugurates World's Largest Terry Towel Plant & lays Foundation Stone of Composite Textile Project
    • The Company Amalgamation of Trident Corporation Ltd. with Trident Ltd. and their respective shareholders and Creditors
    • Trident Paper earns NECA 2014 Award
    2015
    • Trident wins ECGC - D&B Indian Exporters’ Excellence Awards 2015 -Achievement in Environmental Sustainability Award -Commencement of Bed-Linen production at Budni, Madhya Pradesh
    • Trident announces the launch of TRIDENT DIGIPRINT PAPER - TEXPROCIL Award for Outstanding Export Performance 2014-15
    2016
    • Trident has achieved the technology stabilization of integrated bed linen project at Budni, Madhya Pradesh.
    • Trident Ltd awarded JC Penney - Innovation Award.
    • Trident has been awarded the prestigious JC Penney - Innovation Award.
    • TRIDENT launches exquisitely crafted range of Bed and Bath Linen collection at HGH India, 2016.
    • Trident launches French Brand ELLE DECOR in India.
    • Trident has received awards in 17th National Award for Excellence in Energy Management, an event organized by Cll in Hyderabad. -TEXPROCIL Award for Outstanding Export Performance 2015-16.

Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

1 Day
+4.82%
1 Week
+17.33%
1 Month
+26.30%
3 Month
+49.75%
6 Month
+42.32%
1 Year
+220.16%
2 Year
+285.98%
5 Year
+343.13%
9 years 2012-03 2013-03 2014-03 2015-03 2016-03 2017-03 2018-03 2019-03 2020-03
Return on Equity (%) -7.61 7.28 24.77 10.07 12.44 12.96 9.68 13.04 11.45
Return on Capital Employed (%) 4.38 10.76 16.58 10.96 9.24 10.09 9.15 12.12 10.32
Return on Assets (%) -1.50 1.47 5.89 2.94 4.25 5.22 4.30 6.03 5.75

Balance Sheet View Details

Particulars 9 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Shh. Funds 650 706 928 1,455 2,436 2,757 2,726 2,973 3,021
Non Curr. Liab. 1,422 1,144 1,020 1,737 2,631 1,990 1,751 1,361 1,058
Curr. Liab. 1,264 1,520 1,375 1,491 1,638 1,437 1,686 1,822 1,697
Minority Int.
Equity & Liab. 3,337 3,371 3,322 4,683 6,705 6,184 6,163 6,156 5,776
Non Curr. Assets 2,396 2,264 2,209 3,445 5,132 4,677 4,333 4,119 4,025
Curr. Assets 941 1,107 1,113 1,237 1,573 1,507 1,831 2,037 1,752
Misc. Exp. not W/O
Total Assets 3,337 3,371 3,322 4,683 6,705 6,184 6,163 6,156 5,776

Profit Loss View Details

Particulars 9 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Net Sales 2,732 3,335 3,869 3,755 3,666 4,625 4,559 5,249 4,728
Other Income 20 22 16 34 65 106 96 44 40
Total Income 2,752 3,358 3,885 3,790 3,730 4,731 4,656 5,292 4,767
Total Expenditure -2,432 -2,780 -3,141 -3,095 -2,936 -3,740 -3,742 -4,266 -3,898
PBIDT 320 578 744 695 794 992 913 1,026 869
Interest -172 -235 -210 -206 -177 -141 -118 -112 -111
Depreciation -208 -261 -268 -321 -337 -413 -404 -364 -334
Taxation 15 -32 -68 -50 -39 -102 -126 -178 -81
Exceptional Items
PAT -44 49 197 118 242 337 266 372 343

Cash Flow View Details

Particulars 9 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Cash Fr. Operatn. 416 380 747 544 532 999 476 656 1,214
Cash Fr. Inv. -615 -100 -173 -143 -1,199 -167 -188 -51 -43
Cash Fr. Finan. 211 -285 -574 -432 667 -808 -268 -643 -862
Net Change 11 -5 0 -31 1 23 20 -38 309
Cash & Cash Eqvt 14 9 9 7 5 28 48 10 319

Shareholding Pattern View Details

9 Qtrs 2019-06 (%) 2019-09 (%) 2019-12 (%) 2020-03 (%) 2020-06 (%) 2020-09 (%) 2020-12 (%) 2021-03 (%) 2021-06 (%)
Promoter 71.06 71.06 71.06 71.06 71.07 71.84 73.02 73.02 73.02
Public 28.94 28.94 28.94 28.94 28.93 28.16 26.98 26.98 26.98
Depository Receipts 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Holding Pledge (%) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Announcements View Details

Wed, 28 Jul 2021
Announcement under Regulation 30 (LODR)-Newspaper Publication
Copy of Notice published in Newspapers
Wed, 28 Jul 2021
Intimation Under The Regulation 30 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015
Intimation under the Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015
Tue, 27 Jul 2021
31St Annual General Meeting Of Trident Limited
31 st Annual General Meeting of Trident Limited

Technical Scans View Details

Thu, 29 Jul 2021
Stock Outperforming Benchmark Index in both 1 Week and 3 Month Stock Outperforming Benchmark Index in both 1 Week and 3 Month
Stock Outperforming Sectoral Index in both 1 Week and 3 Month Stock Outperforming Sectoral Index in both 1 Week and 3 Month
Decreasing Relative Strength - Benchmark index Decreasing Relative Strength - Benchmark index
Decreasing Relative Strength - Sectoral index Decreasing Relative Strength - Sectoral index
Close Crossing 2 Year High Close Crossing 2 Year High

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